Chloromethanes Market Booming Worldwide by 2025: Report Focusing on Opportunities, Top Players (Ercros, AkzoNobel, The Dow Chemical Company, Alfa Aesar, AGC Glass Europe), Market Driving Factors & Challenges With High Growing CAGR +6.3%

The global chloromethanes market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of chloromethanes market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

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European electronics industry is expected to rise by around 2% in 2018. According to Outlook magazine, in 2016, China’s light vehicle market was increased by a record 25.4 million units from 3.26 million units, with almost 14.7% increase in the market. Thus, this drive the silicones market and further augment demand for chloromethane in forecasting period.

The global chloromethanes market is expected to reach 4199.05 kilotons by 2025, from USD 3213.42 kilotons in 2017 growing at a CAGR of 6.3% during the forecast period of 2018 to 2025. The upcoming market report contains data for historic years 2015 & 2016, the base year of calculation is 2017 and the forecast period is 2018 to 2025.

Chloromethane used to be utilized as a refrigerant but discontinued due to its toxicity and flammability. This is widely utilized in the manufacturing of active pharmaceutical ingredients and silicone industry and is used in another chemical too. One of the factors which will drive the chloromethane market is the growth of automotive and electronics market.

Top Key players in the market are

• Gujarat Alkalies and Chemicals Limited,
• INEOS,
• Kem One,
• Occidental Petroleum Corporation,
• Shin-Etsu Chemical Co., Ltd.,
• Solvay,
• SRF Limited,
• Tokuyama Corporation,
• Siemens Corporation among others.

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Global Chloromethanes Market Segmentation:

By Type
• Methyl Chloride
• Methylene Chloride
• Chloroform
• Carbon Tetrachloride

By Application
• Refrigerant
• Pharmaceuticals
• Silicone polymers
• Chemical intermediate
• Cleaning Solutions
• Coating
• Others

By Geography
• North America
• Europe
• Asia-Pacific
• South America
• Middle East & Africa

Customization of the Report

• The report includes the complete segmentation displayed above across all above mentioned countries
• All products covered in the market, product volume and average selling prices will be included as customizable options which may incur no or minimal additional cost (depends on customization)

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